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In doing so, they are putting their data to work to better meet their businessobjectives. Most recently we held an event at the IBM Data and AI Forum in Germany ( available on demand here ) where we shared the latest news in our businessanalytics portfolio. IBM Planning Analytics Engine.
When selecting KPIs to measure success, align them closely with your overarching businessobjectives. Anything else is just background noise and can distract you from what’s truly important in your business. While both can help to tell a story about your business’s performance, the two are not interchangeable.
Implementing initiatives to democratize data and improve Data Literacy is a good way to disrupt the culture and transform business users into Citizen Data Scientists. Benefits to Business Users. Support for Day-to-Day Business Decisions. Improved Business Agility and Effectiveness. Dependable Hypotheses and Prototyping.
Among the latest BI trends , advanced analytics and predictive modeling stand out as key focal points, enabling businesses to extract deeper insights from their data assets. As businesses navigate an increasingly data-driven environment, staying abreast of these trends is essential for leveraging data as a strategic asset.
Like when Oracle acquired Hyperion in March of 2007, which set of a series of acquisitions –SAP of BusinessObjects October, 2007 and then IBM of Cognos in November, 2007. Again, check out the Critical Capabilities for BI and Analytic Platforms for how each vendor compares. Research VP, BusinessAnalytics and Data Science.
As businessanalytics tools become more powerful and affordable than ever before, more and more business leaders are building upon their existing technology toolsets to add true business intelligence (BI) to their organization’s capabilities.
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